China ITS (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
China ITS (Holdings) has a total shareholder equity of CN¥2.0B and total debt of CN¥285.2M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥3.0B and CN¥964.3M respectively. China ITS (Holdings)'s EBIT is CN¥154.9M making its interest coverage ratio -20.3. It has cash and short-term investments of CN¥452.4M.
Key information
14.2%
Debt to equity ratio
CN¥285.18m
Debt
| Interest coverage ratio | -20.3x |
| Cash | CN¥452.42m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥964.30m |
| Total assets | CN¥2.97b |
Recent financial health updates
We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Nov 11
These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Recent updates
We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Nov 11There's No Escaping China ITS (Holdings) Co., Ltd.'s (HKG:1900) Muted Earnings Despite A 34% Share Price Rise
Oct 07Weak Statutory Earnings May Not Tell The Whole Story For China ITS (Holdings) (HKG:1900)
Oct 03Investors Will Want China ITS (Holdings)'s (HKG:1900) Growth In ROCE To Persist
Sep 26China ITS (Holdings) Co., Ltd.'s (HKG:1900) Share Price Is Matching Sentiment Around Its Earnings
Aug 13China ITS (Holdings)'s (HKG:1900) Returns On Capital Are Heading Higher
May 27China ITS (Holdings) Co., Ltd.'s (HKG:1900) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 05The Market Doesn't Like What It Sees From China ITS (Holdings) Co., Ltd.'s (HKG:1900) Revenues Yet
Jan 24The Return Trends At China ITS (Holdings) (HKG:1900) Look Promising
Nov 29These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06China ITS (Holdings)'s (HKG:1900) Returns On Capital Are Heading Higher
Aug 24China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
May 22China ITS (Holdings) (HKG:1900) Might Have The Makings Of A Multi-Bagger
Feb 01We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Returns At China ITS (Holdings) (HKG:1900) Are On The Way Up
Jun 28China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
Mar 09China ITS (Holdings) (HKG:1900) Has Some Difficulty Using Its Capital Effectively
May 27Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Update: China ITS (Holdings) (HKG:1900) Stock Gained 62% In The Last Year
Feb 11What Do The Returns At China ITS (Holdings) (HKG:1900) Mean Going Forward?
Dec 03Financial Position Analysis
Short Term Liabilities: 1900's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥964.3M).
Long Term Liabilities: 1900 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1900 has more cash than its total debt.
Reducing Debt: 1900's debt to equity ratio has reduced from 38.8% to 14.2% over the past 5 years.
Debt Coverage: 1900's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 1900 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:50 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China ITS (Holdings) Co., Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CCB International Securities Limited |
| Zhong Ren | China International Capital Corporation Limited |
| Jiawei Wong | Guotai Junan International Holdings Limited |